Inferno Drainer malware provider announces termination of operations

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Inferno Drainer, a cryptocurrency theft software provider, has shut down its operations. According to the developers, this year, $80 million worth of crypto assets were stolen using Inferno Drainer.

According to the statement, all files, servers, and infrastructure needed to run malware will not be destroyed and will remain active. The Inferno Drainer team deleted their Telegram account and warned their "customers" not to trust other services that might use a similar name.

"It's been a long road. But unfortunately, nothing lasts forever. Many thanks to everyone who worked with us. We hope that you will remember us as the best system for creating phishing sites that has ever existed," Inferno Drainer wrote in its appeal.

Inferno Drainer gained notoriety earlier this year and became widely used by attackers after the Monkey Drainer service was shut down. Like its predecessor, Inferno Drainer offered its software to empty cryptocurrency wallets, receiving a commission of 20% of the stolen funds.

According to the Web3 Scam Sniffer analytics platform, almost $70 million has been stolen from more than 100,000 victims using Inferno Drainer since February 2023. However, according to the Inferno Drainer team itself, the stolen crypto assets are estimated at more than $80 million.

Recently, phishers often use the Google Ads contextual advertising service. According to the ScamSniffer platform, in April, users lost about $4 million on phishing cryptocurrency sites advertised by Google Ads.
 
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